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Trade between Japan and Nigeria

In 2024, Japan exported $390 million to Nigeria and imported $848 million. Japan ran a deficit of $458 million with Nigeria, compared with a surplus of $160 million in 2019. Nigeria was Japan’s 60th largest trading partner (0.1% of its trade), and Japan was Nigeria’s 23rd (1%).

Summary

Japan → Nigeria
$390million
Nigeria → Japan
$848million
Japan’s balance
-$458million

Balance

Japan’s trade balance with Nigeria

Trade between Japan and Nigeria grew 4-fold since 1995

USD billions (current). Japan’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 0.4
  • Imports 0.8
  • Balance -0.5

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$179 million$132 million$46 million
1996$404 million$143 million$261 million
1997$389 million$198 million$190 million
1998$294 million$84 million$209 million
1999$235 million$174 million$61 million
2000$369 million$219 million$151 million
2001$462 million$255 million$207 million
2002$401 million$744 million-$342 million
2003$434 million$790 million-$357 million
2004$381 million$1.4 billion-$1 billion
2005$516 million$974 million-$458 million
2006$1 billion$737 million$285 million
2007$814 million$640 million$175 million
2008$1 billion$1.8 billion-$775 million
2009$949 million$570 million$379 million
2010$1.1 billion$549 million$548 million
2011$2.8 billion$1.8 billion$1 billion
2012$1.1 billion$4.9 billion-$3.8 billion
2013$879 million$3.6 billion-$2.7 billion
2014$831 million$4.6 billion-$3.8 billion
2015$484 million$2.8 billion-$2.3 billion
2016$602 million$880 million-$278 million
2017$404 million$868 million-$464 million
2018$426 million$932 million-$506 million
2019$676 million$516 million$160 million
2020$582 million$722 million-$140 million
2021$370 million$783 million-$413 million
2022$345 million$1.3 billion-$992 million
2023$436 million$569 million-$133 million
2024$390 million$848 million-$458 million

What they sell each other

What Japan sells to Nigeria

The top 10 headings in 2024, with their share of the total.

  1. Trucks$59 million · 15.1%
    10 thousand tonnes · Japan’s destinations
  2. Cars$52 million · 13.4%
    4 thousand tonnes · Japan’s destinations
  3. Auto parts$45 million · 11.5%
    25 thousand tonnes · Japan’s destinations
  4. Synthetic filament tow$37 million · 9.4%
    8 thousand tonnes
  5. Buses$22 million · 5.7%
    2 thousand tonnes
  6. Motorcycles$18 million · 4.5%
    14 thousand tonnes · Japan’s destinations
  7. 532 tonnes
  8. Chassis with engines$13 million · 3.4%
    957 tonnes
  9. 2 thousand tonnes
  10. Liquid pumps$9 million · 2.3%
    537 tonnes

What Nigeria sells to Japan

The top 10 headings in 2024, with their share of the total.

  1. Natural gas and LPG$359 million · 42.3%
    521 thousand tonnes
  2. Unwrought aluminum$205 million · 24.2%
    90 thousand tonnes · Japan’s sources
  3. Other oilseeds$145 million · 17%
    80 thousand tonnes
  4. Copper scrap$92 million · 10.9%
    11 thousand tonnes
  5. Refined copper$42 million · 4.9%
    6 thousand tonnes
  6. Cocoa beans$3 million · 0.37%
    221 tonnes · Nigeria’s destinations
  7. Aluminum scrap$658 thousand · 0.08%
    284 tonnes
  8. Unwrought lead$489 thousand · 0.06%
    255 tonnes
  9. Cut flowers$404 thousand · 0.05%
    300 tonnes
  10. Other vegetable oils$186 thousand · 0.02%
    117 tonnes

How it travels

Estimated sea route from Yokohama to Lagos.

The estimated sea route between Yokohama and Lagos is 11,318 nautical miles (20,960 km) long: ≈ 26–33.5 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Malacca and Singapore; and Cape of Good Hope.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$1.2 billion · 98.3%
  2. Air$21 million · 1.7%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Nigeria was Japan’s 60th largest trading partner (0.1% of its trade), and Japan was Nigeria’s 23rd (1%).

Nigeria in Japan’s trade
0.1%
Nigeria’s rank among Japan’s partners
60th
Japan in Nigeria’s trade
1.1%
Japan’s rank among Nigeria’s partners
23rd

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.